The culture of consumerism refers to a social and economic order that encourages an acquisition of goods and services in ever-increasing amounts.
Imagine if eating wasn't just about satisfying hunger but also about trying every new dish that comes out on your favorite restaurant's menu - even when you're not hungry. That's what consumerism is like; it encourages constant buying because there's always something new and exciting on offer.
Capitalism: An economic system characterized by private ownership where goods and services are produced for profit. It’s like being at an all-you-can-eat buffet where everyone tries to get as much food (profit) as they can for themselves.
Materialism: A tendency to consider material possessions and physical comfort as more important than spiritual values. It’s similar to prioritizing getting autographs from celebrities over having meaningful conversations with friends.
Supply & Demand: An economic model of price determination in a market. It's like the rules of a game, where the number of players (supply) and their desire to play (demand) determine how much each player gets paid.
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